Elliott wave analysis on usoil (2017-08-28)

USOIL had a nice moving up after touching 43 area last time.

Now it seems that USOIL is undergoing a shrink triangle pattern likely. It has the probability to go down around 43 again before heading up.

Good luck to everyone!

Trade with care!

İşlem elle kapatılmış:

Closed short due to UK oil got supported.

Yorum:

Reject back from resistance line!

Yorum:

It breaks out of the resistance line. Oil is in a bull market. Buy every pull back!

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